“FOCUSED ON DELIVERING THE STRATEGIC RARE METAL RESOURCES REQUIRED FOR HUMANITY’S PURSUIT OF SUSTAINABLE ENERGY, AND OTHER APPLICATIONS IN HIGH-TECH ELECTRONICS AND METAL ALLOYS.”
HLM is a specialized mining exploration company actively engaged in the acquisition, exploration and development of hard rock, high grade, multi-element and rare metal resource properties. HLM maintains a particular focus on lithium (Li), and tantalum (Ta), rubidium (Rb) and cesium (Cs) by its world class expertise and experience exploring for LCT classified pegmatites.
HLM’s goal is to become a fully integrated lithium and tantalum producer by targeting the growth as a result of the shift towards electric/hybrid vehicles and high quality consumer electronics through the development of the PAK Lithium Project in Ontario, Canada.
HLM is actively exploring its 100% owned and optioned PAK Lithium Project where recently a Phase III, 1,600m, 8-hole diamond drill program was completed intersecting wide pegmatite zones containing high-grade lithium and tantalum with possible byproduct potential for rubidium and cesium on the Pakeagama Lake pegmatite in northwestern Ontario, Canada.
HLM has also commenced the next phase of determining the potential for commercializing the PAK deposit by bulk sampling the lithium zone of the pegmatite. The preparation of the 300t (approx.) bulk sample will be completed by the end of March 2015. The objectives are to evaluate production of spodumene-bearing product as a precursor to potential commercial scale spodumene concentrate production, to test the suitability of the product for direct use as a replacement for lithium mineral concentrates, test blasting parameters and mining logistics with existing haulage infrastructure. The scope of a future Pre-feasibility Study will be shaped by the results of this phase of testing.
Experienced Team: HLM's board of directors and management have over 220 years of combined finance, exploration & mining experience to guide the Company's properties toward production.
Market fundamentals: Strong market price and outlook for strategic metals lithium, tantalum, rubidium and cesium. More specifically, unlike most commodities, lithium and tantalum demand is forecast to grow by at least 7.5% per year until 2020.
Proven track record: Successful property selection, acquisition and exploration results in a politically stable mining jurisdiction.
A NI 43-101 compliant resource: The Pakeagama Lake pegmatite deposit is one of the highest grade deposits in North America which has a resource of 2.45 million tonnes of 1.81% Li2O Eq., including 1.78 million tonnes grading 2.40% Li2O eq. in technical grade lithium zones with a low inherent iron spodumene; and an inferred mineral resource of 5.91 million tonnes grading at 2.01% Li2O eq. including 5.57 million tonnes grading 2.11% Li2O eq. in technical grade lithium zones with a low inherent iron spodumene.
Growth Oriented Results: The Pakeagama Lake pegmatite has a 400m strike length with an estimated width varying from 45 to 125m assuming sub-vertical orientation of the pegmatite and remains open in all directions (WNW, ESE and at depth).
Strategic Differentiation: HLM’s experience fosters production as a strategic corporate objective in order to maximize future value to shareholders.